Abstract
The hypothesis that a region's or nation's laggard industrial development can be explained by its relatively more expensive supplies of coal and iron ore is challenged here. A simple model, based on location theory, is developed. Using this model, I demonstrate the conditions under which this hypothesis holds. A case study of Quebec and Ontario industry suggests that the differential resource cost hypothesis seriously lacks explanatory power.
| Original language | English |
|---|---|
| Pages (from-to) | 999-1009 |
| Number of pages | 11 |
| Journal | Journal of Economic History |
| Volume | 46 |
| Issue number | 4 |
| DOIs | |
| Publication status | Published - Dec 1986 |
ASJC Scopus subject areas
- History
- Economics and Econometrics
- Economics, Econometrics and Finance (miscellaneous)
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